KappAhl publishes a combined Annual and Sustainability Report

Wed, Nov 05, 2014 10:05 CET

Today KappAhl publishes its Annual Report for the fiscal year 2013/2014. This year, the fashion chain has chosen to combine the financial annual report and the sustainability report. - Our sustainability work makes us strong and contributes to our increased profitability, says KappAhl's CEO Johan Åberg in the report.

In the reportJohan Åbergcomments about the yearpast with “We stick to our plan and continue to make many improvements every day. That’s how we build a strong KappAhl.” This is what we have done during the year, which is why our sales are better than the market as a whole and we have achieved increased profitability… despite a continuing tough market… We have much left to do and we are doing it from a position that is stronger than it has been for some time. This means that I am looking forward to the coming year.”

During the financialyear has seenKappAhlincluding:

...Improvedoperating profit by46 percent,

...increasedthe operating margin to6.2 percent, well on its waytowards the targetof 10 percent,

...designedseveralsuccessfulcollectionssuch asHampton Republic27 forthe whole family as well as thelingeriecollectionFifty Shades of Greyby KappAhl,

...launched the newstore concept"For You", one of KappAhl'slargestinvestmentsever,

KappAhl was founded in 1953 and is a leading fashion chain in the Nordic region with nearly 400 stores in Sweden, Norway, Finland and Poland together with Shop Online. KappAhl offers good-value fashion of its own design to a wide range of consumers – women, men and children – with a particular focus on women in the mid-life age range. 19% of the range is sustainability labelled. In 2013/2014, the turnover was SEK 4.7 billion and the number of employees approx. 4,500. KappAhl is quoted on NASDAQ Stockholm. For more information, please visit www.kappahl.com.

About Us

KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with close to 400 stores in Sweden, Norway, Finland and Poland. Our business idea is to offer value-for-money fashion of our own design to women in the prime of life and their family. Sustainability-labeled fashion accounts for 38 per cent of the range.
Sales for 2015/2016 totaled SEK 4.7 billion and the company has approx. 4,000 employees in eight countries. KappAhl is quoted on Nasdaq Stockholm. More information is available at www.kappahl.com